Taiwan Business Quick Take

Staff writer, with CNA

Tue, May 21, 2013 - Page 14


Flat-panel output to grow

The output value of the flat-panel displays produced by Taiwanese firms is expected to grow 2.2 percent to NT$371.14 billion (US$12.39 billion) this quarter from last quarter because of the growing popularity of smartphones, the Industry and Technology Intelligence Services (ITIS) said in a report yesterday. The output value of smaller screens are expected to rise 11.6 percent from a quarter earlier to NT$57.74 billion due to the strong demand for smartphones, while the output value of large panels will slide 2 percent sequentially to NT$175.16 billion, the report said.


HTC launches smartphone

HTC Corp (宏達電) yesterday launched a new version of its flagship HTC One smartphone specifically for the Japanese market, in cooperation with a mobile unit of Japan’s second-largest mobile operator KDDI Corp. The new smartphone is expected to go on sale early next month, the mobile carrier said on its Web site, without disclosing the prices. Japan is the ninth foreign market that the new HTC One has entered in the past three months.


Cathay signs pact with bank

Cathay Financial Holdings Co (國泰金控) said yesterday it had signed a pact with China Merchants Bank (中國招商銀行) on future business cooperation. It is the company’s seventh such pact with a Chinese lender, Cathay Financial said in a statement.